The issue price represents a 1.9 per cent premium to the floor price determined based on the pricing formula as prescribed under SEBI Regulations
In the equity category, HNIs have shown a preference for investing directly in equities instead of through mutual funds
Of the total new folios last month, more than 400,000 were added in debt funds
Those who have goals coming up in the near term should book profits in equity MFs
According to the data, mutual funds (MFs) that invest in fixed-income securities saw an inflow of 91,392 crore in July, as compared to Rs 2,862 crore inflow in June
Portfolio's quality, liquidity vital concerns in debt funds
Lack of earnings visibility in near-term, investor behaviour contribute to selling
Two group companies missed their payments due on Thursday
Sustained buying by them adds heft to market rally
The contraction in fund flows are a cautionary tale for stock market that's looked past some dire economic projections and climbing virus numbers to jump more than 40% from its March low
Company had seen business recovery since ownership change, says it has onboarded more than 370 institutional investors after Reliance Capital exited
The positive inflow pushed the asset base of 45-player mutual fund industry by over 14 per cent to Rs 25.5 trillion at June-end from Rs 22.26 trillion at the end of March
Credit risk funds usually fetch between 1.5 per cent and 1.9 per cent expense ratio, depending on the fund house and size of the scheme
High-risk investors have shifted to the partly paid (PP) counter of Reliance Industries (RIL) to generate more bang for the buck
Report says pullouts from funds could be concerted in times of stress
Move aimed at improving transparency and price discovery
Over the last two years, the segment had seen strong PE funding
Writes to DEA and Sebi for Covid-19 support fund for closed-ended debt schemes
The new variant of 26AS Form will have taxpayers' details as specified statements of financial transactions (SFTs) in various categories
Money managers increased their wager on Kotak Mahindra Bank, Bharti Airtel, SBI Life Insurance, HDFC Life, and HDFC AMC, which also saw large share sales